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LSE

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

More terms

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Yield to maturity

What is yield to maturity and why is it useful?

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Income statement

A summary of a company's income and expenses over a set period of time.

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

Investment Trust

A company that pools money together from multiple investors and then invests it.

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